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November 20, 2024 at 12:25AM
RIIG, a Charlottesville-based cybersecurity provider, leverages AI and machine learning for advanced threat detection. With partnerships among 17 intelligence agencies, it offers risk intelligence and cybersecurity solutions, including vulnerability assessments. Recently emerging from stealth, RIIG raised $3 million in seed funding to enhance product development and client support.
### Meeting Takeaways
1. **Emerging Cyber Threats**:
– Increasing sophistication of cyber threats and the rise in attack volumes necessitate enhanced defenses using advanced technologies like AI and machine learning.
2. **RIIG Overview**:
– RIIG (Risk Intelligence and Cybersecurity Solutions Provider) combines AI with network threat detection to enhance risk intelligence.
– The company has access to data from 17 intelligence agencies and collaborates with commercial partners, ensuring high-quality, verifiable intelligence data.
3. **Core Services**:
– RIIG specializes in “white hat data trust services” and provides open-source risk intelligence tailored for zero-trust environments.
– Key offerings include:
– Risk intelligence (open-source intelligence, regulation, forensics)
– Cybersecurity solutions (vulnerability assessments, strategic implementation, tech validation)
4. **Partnerships**:
– RIIG plans to collaborate with local academic institutions to leverage industry-leading research and talent.
5. **Funding Announcement**:
– The company has successfully raised $3 million in seed funding, led by the Felton Group.
– Funding will be directed toward accelerating product development and enhancing client support services.